Research Topic

Los Angeles — The Lipsey Company has named CBRE Group the top global brand in commercial real estate for the 13th consecutive year.

A training and professional development firm specializing in commercial real estate, Lipsey has surveyed commercial real estate professionals on their perceptions of the industry’s leading brands since 2001. More than 100,000 U.S. and international professionals participated in the 2014 survey. Respondents included property owners, investors, lenders, occupiers, brokers and property managers.

New York -- A new white paper from Austin, Texas-based Accruent offers retailers insights into key project management challenges.

Called “The Business Case for an Automated Project Management Solution,” the paper discusses ways to maximize store profitability by reducing the time and cost required to open new locations. It also summarizes research findings that support automating project management toward portfolio-wide visibility and maximum real estate asset value.

The NPD Group has signed a market information services agreement with Nielsen, a leading global provider of information and insights into what consumers watch and buy, for school and office supplies retail market data and analytic services.  

By combining Nielsen’s market information, including sales data from food and drug channels, with NPD’s existing school and office supplies business, which covers office superstores, mass merchants, e-commerce and other retailers, NPD says it will deliver the industry’s most complete view of the marketplace.

New York -- Private-equity firm Cerberus Capital Management has reached a preliminary agreement to buy Safeway Inc. for over $9 million, the Wall Street Journal reported. The deal is subject to board approval.

As part of the deal, Cerberus would pay roughly $40 a share for Safeway.

The Kroger Co., which recently completed its acquisition of Harris Teeter, reportedly was also interested in making a bid for Safeway. Even if a deal is announced between Cerberus and Safeway, Kroger could still mount a bid.

Washington -- Illinois tops the United States Green Building Council’s ranking of the Top 10 States for LEED-certified construction for last year. The list highlights the regions around the country that are at the forefront of sustainable building design and transformation.

The per-capita list includes commercial and institutional green building projects that were certified throughout 2013.

Following RadioShack’s surprise announcement that it will close 1,100 stores in an attempt to staunch the flow of red ink, the company has retained Melville, N.Y.-based A&G Realty Partners to manage the disposition.

“In the coming weeks we’ll be working with our landlords to find an efficient and cost-effective means to exit these unprofitable locations, and as such, we’ve engaged A&G Realty to assist us in this process,” said John W. Feray, RadioShack’s CFO, during a March 4 earnings conference call.

Atlanta -- The requirements of the 2013 revision of an energy standard recently published by ASHRAE and IES will result in buildings that could achieve 6% to 8% more efficiency than buildings built to the 2010 standard.

Published in October 2013, ANSI/ASHRAE/IES Standard 90.1-2013, Energy Standard for Buildings Except Low-Rise Residential Buildings, provides minimum requirements for the energy-efficient design of buildings except low-rise residential buildings.

Weis Markets cited a shortened holiday season among the reasons for a decline in fourth quarter and year-to-date sales.

The company reported $686.4 million in fourth-quarter sales for the 13-week period ended Dec. 28, 2013, representing a decline of 1.1% as compared to the year-ago period. Comparable store sales for the same period were down 3.5%.

In 2013, the company's sales totaled $2.7 billion, down 0.3% compared to 2012. Comparable store sales for the 52-week period ending Dec. 28 declined 2.6%.